How Do You Place Orders in MetaTrader 4 Charts?
How Do I Place Orders in MetaTrader 4 Charts?
To set a new order in MetaTrader 4 software use the procedure described below:
Place New Order in Tools Menu in MT4 Platform Software
A new order to buy/sell a trade can be found on the tools window menu within the MetaTrader 4 Software as shown below. New order button for opening a new trade is portrayed below. (MT4 Short Cut Keys 'F9')
How Do I Place Orders on MT4 Charts?
Placing a New Order
Once you select new order button as illustrated above the following trade order popup window will pop-up.
This pop up includes settings for opening new order.
How Do I Place Orders on MT4 Charts?
The Following Order Setting are specified for setting up new order:
- Symbol - Specify the instrument to be traded.
- Volume - The Number of Lots to be transacted
- Stop Loss - Set Stop Loss, This option can be set after opening the trade, or for pending orders
- Take Profit - Set Take Profit, This option can be set after opening the trade, or for pending orders
- Type: Market Execution or Pending Order
- Sell by Market - Open a Sell Trade
- Buy by Market - Open a Buy Trade
To Buy at ruling price and open new order choose Buy by Market order button
To Sell at ruling price and open new order choose Sell by Market order button
How Do I Place Orders on MT4 Charts?